Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2021

The following table presents AOCI activity in equity:


	Foreign Currency Translation Adjustments		Net Unrealized Gains (Losses) on Cash Flow Hedges(1)		Total AOCI
Gross balance as of December 31, 2020(2)	$	(98.8)	$	(32.8)	$	(131.6)
Other comprehensive income (loss) before reclassifications	27.8		(14.3)		13.5
Amounts reclassified from AOCI	—		35.6		35.6
Other comprehensive income	27.8		21.3		49.1
	$	(71.0)	$	(11.5)	(82.5)
Less: AOCI attributable to non-controlling interests					0.2
Balance as of June 30, 2021					$	(82.3)

Gross balance as of December 31, 2019(2)	$	(54.6)	$	(24.3)	$	(78.9)
Other comprehensive income (loss) before reclassifications	(35.6)		8.1		(27.5)
Amounts reclassified from AOCI	—		5.8		5.8
Other comprehensive income (loss)	(35.6)		13.9		(21.7)
	$	(90.2)	$	(10.4)	(100.6)
Less: AOCI attributable to non-controlling interests					0.7
Balance as of June 30, 2020					$	(99.9)

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(1)Amounts shown for our foreign exchange forward contracts include gains and losses realized upon contract settlement but not yet recognized into earnings from AOCI.

(2)Beginning balance is presented on a gross basis, excluding the allocation of AOCI attributable to non-controlling interests.

See Note 10 for the effect on net income of amounts reclassified from AOCI related to our cash flow hedging instruments.